The international payment system LEO entered the top 5 leaders of the Ukrainian money transfer market: NBU results for the first quarter of 2020

The National Bank has published statistics on the activities of money transfer systems for the first quarter of 2020. The international payment system LEO, which payment organization is the financial company Leogaming Pay, is among the top 5 market leaders in terms of the amount of money transfers. More information is in the official report of the regulator. According to the results of 9 months of 2019, IPS LEO was in 7-th place in this rating.

“The international payment system LEO demonstrates excellent business dynamics and we are glad to confirm it with concrete numbers. The average bill for domestic and global remittances is growing, but the number of challenges for the business is growing during such hard times. I’m convinced the right responding to these challenges all our participants demonstrate is clearly a success criteria,” commented the director of the financial company Leogaming Pay Alyona Degrik Shevtsova.

The growth in the amount of transfers is a really important indicator. According to the National Bank, the amount of private transfers to Ukraine via traditional and informal channels from January to March amounted to more than $ 2.9 billion. From Ukraine abroad – almost $ 154 million. The amount of transfers to Ukraine increased by 4%, from Ukraine – by 40 % The most popular donor countries have not changed: the most of money to Ukraine came from the USA, Israel, Italy, the Russian Federation and Poland.